SURENDRA ULLAL
Chicago: Millennium Bank, a minority-owned community bank, received a rare recognition from Bauer Financial., which identified it as one of the country’s strongest financial institutions excelling in areas such as capital, loan quality, profitability, and compliance among others. The bank earned a superior five-star rating
“We’re thrilled to achieve top honors from an independent research firm that recognizes our commitment and efforts to provide the best possible service to our valued customers and communities,” said president and CEO of Millennium Bank, Nicholas Dizonno. “This rating is a testament to the hard work and commitment of our employees and the financial strength Millennium Bank has worked towards over the years.”
Established in 2007 by a group of Indian-Americans led by entrepreneur Moit Agarwal, Millennium Bank is an independent, minority-owned community bank with a focus on commercial lending, business banking and relationship building. As the only community bank in Des Plaines, Millennium Bank has established itself as a leader providing hundreds of small businesses the opportunity to contribute to local economic development
As the only community bank in Des Plaines, Millennium Bank seeks to boost economic growth and provide opportunities for individuals and communities to achieve economic stability.. For more information on Millennium Bank, visit https://milbnk.com/.
Bauer Financial, Inc. has been the nation’s leading bank and credit union rating firm since 1983 It bases its ratings on quarterly financial reports, historical performance data, compliance, capital, loan equity, profitability etc. For more information on Bauer Financial, visit its website https://www.bauerfinancial.com/.
